Austin The Economy

While the nation continues to deal with tough economic times, the same can not be said about Austin. If you are interested in making Austin home, you will be glad to know that Austin has the best job market throughout the great state of Texas. To be exact, it has the strongest economy in the United States. Over the next two years, as many as 44,000 jobs are expected to be added to the area. Austin is fortunate that its job growth is accompanied with good salaries and benefits – a definite plus for job seekers looking for incomes that can afford them a comfortable lifestyle. As a consequence, this contributes to Austin’s expanding population, particularly young professionals looking to settle down. Because of the population growth, the demand for housing will be up. As a result, the construction industry will also perform well in Austin’s economy. High-technology is the leading industry in Austin; it’s the driving force for this Central Texas town’s strong economy. It has earned the Austin the nickname “The Silicon Hills.” Other industries are emerging in Austin as well: pharmaceutical, biotechnology, and advertising agencies. Austin’s strong economy is also supported by locally owned firms. So if your search for Austin real estate also involves finding a good paying job, here’s a list of companies you can inquire to about employment: - Austin Independent School Districtrn- The City of Austinrn- Dell, Inc. - The U.S. Federal Governmentrn- Freescale Semiconductor (a subsidiary of Motorola) - IBMrn- St. David’s Healthcare Partnershiprn- Seton Family of Hospitalsrn- The State of Texasrn- The University of Texas at Austinrn- The University of Texas at Austin College of Communicationrn- Austin Community Collegern- St. Edward's Universityrn- Austin Graduate School of Theologyrn- Huston–Tillotson Universityrn- Concordia University Texasrn- The University of Texas School of Lawrn- Apple Inc. - Hewlett-Packardrn- Googlern- AMDrn- Applied Materialsrn- Cirrus Logicrn- Cisco Systemsrn- eBay/PayPalrn- Biowarern- Blizzard Entertainmentrn- Hoover’srn- Intel Corporationrn- National Instrumentsrn- Samsung Grouprn- Silicon Laboratoriesrn- Oracle Corporationrn- Hostgatorrn- United Devicesrn- GSD&Mrn- LatinWorksrn- Whole Foods Marketrn- Qualcomm Corporationrn- AT&T Wireless Corporationrn- T-Mobilrn- Apogent Technologiesrn- Luminex Corporationrn- Topaz Technologies Inc. - Schlotzsky’s Inc. - 360Commerce Inc. - Britestream Networksrn- HealthTronicsrn- Opus Healthcare Solutionsrn- SigmaTel Inc. - Tricoast Fundingrn- Progressive Corporationrn- Waste Management Inc. So if you want to live in an area that has a strong job market and a good outlook for the future, consider your Austin home search as a good investment in your future.